Sees Q1 gross margin mid- to high-teens range, higher in second half reflecting timing of pricing actions. Sees Q1 operating expense $170M-$190M. Says Beyond 4 starts shipping next month, gaining broader distribution in April or May. Says coincides well with pricing actions the company needs to take. Says enhanced value proposition with Beyond 4. Says Beyond 4 achieves 20% reduction in sodium. Says can expect even lower sodium levels in subsequent generations. Says clearly needs to restore margins. Says broad pricing programs did not accomplish goal of crossing from early adopters to mainstream. Says pricing architecture is putting emphasis on tiered pricing. Says expects rightsizing from restructuring to contribute to margins.
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